The impact of women directorship on firm performance in Malaysian energy industry

Boardroom diversity attains vast attention due to the corporate legislation, reforms, and financial crisis and scandals of the last few decades. In view of this, Malaysian government imposed 30% women quota on the Bursa Malaysia listed companies. The objective of this research is to study the impact...

Full description

Bibliographic Details
Main Author: Jannatul, Ferdous
Format: Final Year Project / Dissertation / Thesis
Published: 2023
Subjects:
Online Access:http://eprints.utar.edu.my/5557/
http://eprints.utar.edu.my/5557/1/MBA_2023_JF.pdf
_version_ 1848886445980254208
author Jannatul, Ferdous
author_facet Jannatul, Ferdous
author_sort Jannatul, Ferdous
building UTAR Institutional Repository
collection Online Access
description Boardroom diversity attains vast attention due to the corporate legislation, reforms, and financial crisis and scandals of the last few decades. In view of this, Malaysian government imposed 30% women quota on the Bursa Malaysia listed companies. The objective of this research is to study the impact of women directorship on firm performance in Malaysian energy industry. The energy industry was chosen because it is one of the most male-dominated industries in the world. Agency theory and resource dependency theory were used as the theoretical framework of this research. Return on assets, market capitalization and economic value added were chosen to measure the firm performance of this study as dependent variable. Meanwhile, quota attainment, quality of women directors, women directors in risk management committee were considered as independent variables. This study also examined the interaction of quota attainment and Shannon index to check for its moderating impact on firm performance. Thirty-one energy companies listed on Bursa Malaysia for a period of seven years spanning from 2013 to 2019 were taken as the sample of the study. The descriptive analysis indicated an upward trend of women directorship. Meanwhile, panel data regression revealed that quota attainment has negative significant whereas the interaction of quota attainment and Shannon index brings positive impact on both return on assets and market capitalization. As interaction of quota attainment and Shannon index (gender balanced board) bring positive impact on firm performance, board should ensure quota implication along with ensuring proper gender balanced board to bring fruitful impact on firm performance.
first_indexed 2025-11-15T19:38:37Z
format Final Year Project / Dissertation / Thesis
id utar-5557
institution Universiti Tunku Abdul Rahman
institution_category Local University
last_indexed 2025-11-15T19:38:37Z
publishDate 2023
recordtype eprints
repository_type Digital Repository
spelling utar-55572023-08-16T08:15:09Z The impact of women directorship on firm performance in Malaysian energy industry Jannatul, Ferdous HB Economic Theory HD Industries. Land use. Labor HG Finance HQ The family. Marriage. Woman Boardroom diversity attains vast attention due to the corporate legislation, reforms, and financial crisis and scandals of the last few decades. In view of this, Malaysian government imposed 30% women quota on the Bursa Malaysia listed companies. The objective of this research is to study the impact of women directorship on firm performance in Malaysian energy industry. The energy industry was chosen because it is one of the most male-dominated industries in the world. Agency theory and resource dependency theory were used as the theoretical framework of this research. Return on assets, market capitalization and economic value added were chosen to measure the firm performance of this study as dependent variable. Meanwhile, quota attainment, quality of women directors, women directors in risk management committee were considered as independent variables. This study also examined the interaction of quota attainment and Shannon index to check for its moderating impact on firm performance. Thirty-one energy companies listed on Bursa Malaysia for a period of seven years spanning from 2013 to 2019 were taken as the sample of the study. The descriptive analysis indicated an upward trend of women directorship. Meanwhile, panel data regression revealed that quota attainment has negative significant whereas the interaction of quota attainment and Shannon index brings positive impact on both return on assets and market capitalization. As interaction of quota attainment and Shannon index (gender balanced board) bring positive impact on firm performance, board should ensure quota implication along with ensuring proper gender balanced board to bring fruitful impact on firm performance. 2023-01 Final Year Project / Dissertation / Thesis NonPeerReviewed application/pdf http://eprints.utar.edu.my/5557/1/MBA_2023_JF.pdf Jannatul, Ferdous (2023) The impact of women directorship on firm performance in Malaysian energy industry. Master dissertation/thesis, UTAR. http://eprints.utar.edu.my/5557/
spellingShingle HB Economic Theory
HD Industries. Land use. Labor
HG Finance
HQ The family. Marriage. Woman
Jannatul, Ferdous
The impact of women directorship on firm performance in Malaysian energy industry
title The impact of women directorship on firm performance in Malaysian energy industry
title_full The impact of women directorship on firm performance in Malaysian energy industry
title_fullStr The impact of women directorship on firm performance in Malaysian energy industry
title_full_unstemmed The impact of women directorship on firm performance in Malaysian energy industry
title_short The impact of women directorship on firm performance in Malaysian energy industry
title_sort impact of women directorship on firm performance in malaysian energy industry
topic HB Economic Theory
HD Industries. Land use. Labor
HG Finance
HQ The family. Marriage. Woman
url http://eprints.utar.edu.my/5557/
http://eprints.utar.edu.my/5557/1/MBA_2023_JF.pdf